anybody thinking of going long from 1.4 area if it gets there? i got a buy order at 1.4006, with a stop at 1.3989, tp1 1.43, tp2 1.45
very good r:r, worked very nicely last time
very good r:r, worked very nicely last time
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DislikedWell one of the main reasons this pair has been dropping is speculation the SNB will tighten before the ECB. Personally, I doubt that'll happen. 1.4410 is very strong resistance. Also, retail traders are still long like crazy on this pair. The SNB is not going to push this pair up significantly from here, it will however guard lower levels.Ignored
Dislikedanother intervention of the Swiss bank just below 1.40 to bring it up to 1.4040?
wouldn't have never expected intervention after the euro gained 200 pips.
I have exit m position long before reaching 1.40. i think it is a no trade pair for the momentIgnored